Fs Bancorp's 15-minute chart has triggered a Bollinger Bands Expanding Downward indicator, accompanied by a Bearish Marubozu formation on August 19, 2022 at 12:15. This suggests that the market trend is currently being driven by sellers, who are exerting control over the market. As a result, it is likely that the bearish momentum will continue.
Fs Bancorp's (FSBW) 15-minute chart has triggered a significant technical indicator, suggesting a bearish trend. On August 19, 2022 at 12:15, the Bollinger Bands Expanding Downward indicator was activated, accompanied by a Bearish Marubozu formation. This combination of indicators signals that the market trend is currently being driven by sellers, who are exerting control over the market. As a result, it is likely that the bearish momentum will continue.
The Bollinger Bands Expanding Downward indicator suggests that the stock price is experiencing increased volatility and is likely to decrease. The Bearish Marubozu formation, characterized by a large candle with no wicks, indicates strong selling pressure and a lack of buying interest. This pattern, along with the expanding Bollinger Bands, signals that the stock price has risen too quickly and is no longer supported by fundamental factors.
Analyst sentiments towards Fs Bancorp have been mixed, reflecting the evolving market conditions and company performance. Over the past three months, four analysts have shared their evaluations of the company, with a mix of bullish and bearish perspectives. Notably, Woody Lay Keefe of Bruyette & Woods raised the rating to Market Perform, while Gary Tenner of DA Davidson raised and then lowered the rating to Buy. David Feaster of Raymond James lowered the rating from Outperform to Underperform [2].
The recent earnings report for the second quarter ended June 30, 2025, showed a net income of $14.5 million, which may have influenced the recent technical indicators. However, the company's financial performance remains robust, with a market capitalization that surpasses industry averages and a revenue growth rate of 8.24% for the 3M period ending June 30, 2025 [3].
Investors should stay informed about these developments and consider the potential implications for the company's stock price. The combination of analyst ratings and technical indicators suggests a bearish sentiment for Fs Bancorp. Analysts have lowered their price targets and changed their recommendations, while technical signals indicate that sellers are exerting control over the market.
References:
[1] https://www.ainvest.com/news/fs-bancorp-kdj-death-cross-15min-chart-signals-bearish-marubozu-2508-57/
[2] https://www.benzinga.com/insights/analyst-ratings/25/07/46660448/where-five-star-stands-with-analysts
[3] https://stockinvest.us/stock/USB
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